Economics

A California Regional Sustainability Plan for the 88 cities of Los Angeles County to be carbon neutral by 2050 includes a sunset to the oil and gas industry. That 220-page plan will also sunset the 5th largest economy in the world. Sunsetting, as used here, means bringing it to a slow and untimely death.  read more »

About a month ago, I came across a paper via Twitter in which the authors, Michael Hankinson of the City University of New York and Asya Magazinnik of MIT, studied the impact of at-large and district representation in local government on the "trade-off between the efficient production of collective goods and the equitable distribution of costs."  read more »

What do you picture when someone refers to the “Trump’s base”?  read more »

As a recently released Organization for International Cooperation and Development (OECD) noted, house prices have been generally rising far in excess of incomes in a number of nations (Under Pressure: The Squeezed Middle Class). OECD finds that these rapidly rising house prices have been a principal contributorto rising cost of living that has already resulted in economic reversals for the middle-class.  read more »

American cities such as Berkeley, San Jose, San Francisco, Houston, Los Angeles, New Orleans, Albuquerque, and other U.S. cities are moving to ban natural gas as a step toward becoming carbon free in the next few decades. They’re about to take one giant step toward Germany’s failed climate goals which should be a wake-up call for governments everywhere, but it appears our leaders deliberately intend to follow the German failure.  read more »

The next great political civil wars won’t be over race, the nation-state, religion or even class. They will be generational, pitching the Boomers, who still dominate the global economy, against their offspring, the Millennials, who assuredly do not.  read more »

California may have gotten its global allure from the Gold Rush and the movies, but it’s planes, missiles and now drones and spaceships that have underpinned the state’s industrial emergence.

Today, after decades of rapid decline, California’s aerospace employment is growing again, albeit slowly, providing a new chance for the state’s productive economy.  read more »

California prides its image as the green leader in America. However, California’s love of importing electricity and oil exposes the states’ irreverent passion to go green at any cost, and delegates the states’ responsibility for environmental stewardship to other countries and states that have significantly less environmental controls than California.  read more »

At midnight on Sept. 15, 49,000 UAW-GM workers walked out on strike at locations across the country, a day after their 2015 collective bargaining contract with General Motors expired and the union declined to extend the provisions of the agreement.  read more »

For years the EV’s owners have benefitted from Federal subsidies (financed by the working class) and have been exempt from the fuel taxes that pay for road and bridge maintenance as they use no “fuel” as it relates to powering a combustion engine.

Things are changing and rather quickly. With subsidies beginning to end, states are also hitting electric vehicle owners with high fees in an effort to put all vehicles equally accountable for financing repairs and maintenance of our highway infrastructure.  read more »